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The ARRAY worksheet contains a list of the industries of the Fortune 500 companies. Use an array function to count the number of companies with

The ARRAY worksheet contains a list of the industries of the Fortune 500 companies. Use an array function to count the number of companies with A-level profitability (having an A in the Profitability column in the LOOKUP worksheet) for each industry. For example, only one company (Walt Disney) in the Media industry has A-level profitability, thus, the formula should return 1 for the Media industry in the ARRAY worksheet.

Array worksheet is below

Number of companies with A-level profitability
Software & Services
Oil & Gas Operations
Insurance
Transportation
Utilities
Chemicals
Capital Goods
Technology Hardware & Equipment
Drugs & Biotechnology
Retailing
Aerospace & Defense
Banking
Media
Materials
Health Care Equipment & Services
Diversified Financials
Construction
Household & Personal Products
Conglomerates
Hotels, Restaurants & Leisure
Telecommunications Services
Food Drink & Tobacco
Semiconductors
Business Services & Supplies
Food Markets
Consumer Durables
CEO Company Industry 2008 Salary 2008 Bonus Revenues Profits Margin Profitability Margin Profitabilty Level
Lawrence Ellison Oracle Software & Services 1.00 10.78 17,996 4,274 0.24 A -1 E
Ray Irani Occidental Petroleum Oil & Gas Operations 1.30 3.63 20,206 5,400 0.27 A 0 D
John Hess Hess Oil & Gas Operations 1.50 3.50 31,924 1,832 0.06 B 0.03 C
Mark Hurd Hewlett-Packard Technology Hardware & Equipment 1.45 8.93 104,286 7,264 0.07 B 0.05 B
John Hammergren McKesson Drugs & Biotechnology 1.47 3.86 101,703 990 0.01 D 0.1 A
Bradbury Anderson Best Buy Retailing 1.17 1.99 40,023 1,407 0.04 C
David O'Reilly Chevron Oil & Gas Operations 1.65 3.22 210,783 18,688 0.09 B
Frederick Smith FedEx Transportation 1.43 0.00 35,214 2,016 0.06 B
Robert Stevens Lockheed Martin Aerospace & Defense 1.77 4.25 41,862 3,033 0.07 B
Brian Roberts Comcast Media 2.77 8.28 30,895 2,587 0.08 B
John Rowe Exelon Utilities 1.47 1.84 18,925 2,736 0.14 A
Ronald Williams Aetna Health Care Equipment & Services 1.10 1.90 27,600 1,831 0.07 B
Chase Carey DirecTV Group Media 2.21 4.20 17,246 1,451 0.08 B
Thomas Ryan CVS Caremark Retailing 1.40 2.35 76,330 2,637 0.03 C
Miles White Abbott Laboratories Drugs & Biotechnology 1.80 4.20 25,914 3,606 0.14 A
Ivan Seidenberg Verizon Communications Telecommunications Services 2.10 3.74 93,775 5,521 0.06 B
Lloyd Blankfein Goldman Sachs Group Diversified Financials 0.60 0.00 87,968 11,599 0.13 A
William Swanson Raytheon Aerospace & Defense 1.23 3.05 22,426 2,578 0.11 A
Robert Iger Walt Disney Media 2.00 13.95 35,882 4,687 0.13 A
Richard Fairbank Capital One Financial Diversified Financials 0.00 0.00 18,966 1,570 0.08 B
Ronald Sargent Staples Retailing 1.11 0.62 19,373 996 0.05 B
Alan Boeckmann Fluor Construction 1.23 3.07 16,691 533 0.03 C
Bruce Smith Tesoro Oil & Gas Operations 1.30 0.00 21,675 566 0.03 D
William Weldon Johnson & Johnson Drugs & Biotechnology 1.79 3.70 61,095 10,576 0.17 A
George Paz Express Scripts Health Care Equipment & Services 0.94 2.45 18,378 568 0.03 C
Ronald Sugar Northrop Grumman Aerospace & Defense 1.51 3.09 32,032 1,790 0.06 B
Kenneth Chenault American Express Diversified Financials 1.25 0.00 32,316 4,012 0.12 A
W McNerney Jr Boeing Aerospace & Defense 1.92 1.48 66,387 4,074 0.06 B
David Farr Emerson Electric Conglomerates 1.20 3.00 22,572 2,136 0.09 B
Nicholas Chabraja General Dynamics Aerospace & Defense 1.38 4.50 27,294 2,072 0.08 B
John Faraci International Paper Materials 1.26 1.58 22,284 1,168 0.05 B
James Skinner McDonald's Hotels, Restaurants & Leisure 1.26 3.06 23,231 2,395 0.10 A
Jeffrey Bewkes Time Warner Media 1.75 7.60 46,615 4,387 0.09 B
Jeffrey Immelt General Electric Conglomerates 3.30 0.00 176,656 22,208 0.13 A
Jeffrey Noddle Supervalu Food Markets 1.13 1.30 44,048 593 0.01 D
David Wood Murphy Oil Oil & Gas Operations 0.67 0.63 18,439 766 0.04 C
James Owens Caterpillar Capital Goods 1.51 2.24 44,958 3,541 0.08 B
Stephen Roell Johnson Controls Consumer Durables 1.33 0.00 34,678 1,252 0.04 C
C Henrikson MetLife Insurance 1.00 3.25 53,150 4,317 0.08 B
James Mulva ConocoPhillips Oil & Gas Operations 1.50 1.42 178,558 11,891 0.07 B
Jeff Fettig Whirlpool Consumer Durables 1.26 0.42 19,451 640 0.03 C
H Hanway Cigna Health Care Equipment & Services 1.14 6.65 17,623 1,115 0.06 B
Mayo Shattuck III Constellation Energy Utilities 1.20 5.50 21,193 822 0.04 C
Michael Szymanczyk Altria Group Food Drink & Tobacco 1.20 2.80 38,051 9,786 0.26 A
William Klesse Valero Energy Oil & Gas Operations 1.50 0.71 96,758 5,234 0.05 B
Indra Nooyi PepsiCo Food Drink & Tobacco 1.30 2.60 39,474 5,658 0.14 A
Bernard Poussot Wyeth Drugs & Biotechnology 1.45 2.75 22,400 4,616 0.21 A
Ramani Ayer Hartford Financial Services Insurance 1.15 0.00 25,916 2,949 0.11 A
Anne Mulcahy Xerox Business Services & Supplies 1.32 0.99 17,228 1,135 0.07 B
Gerard Arpey AMR Transportation 0.66 0.00 22,935 504 0.02 D
Andrew Liveris Dow Chemical Chemicals 1.64 0.00 53,513 2,887 0.05 B
Glenn Tilton UAL Transportation 0.85 0.42 20,143 403 0.02 D
James Sinegal Costco Wholesale Retailing 0.35 0.08 64,400 1,083 0.02 D
Thomas Falk Kimberly-Clark Household & Personal Products 1.22 0.94 18,266 1,823 0.10 B
Clarence Cazalot Jr Marathon Oil Oil & Gas Operations 1.38 1.70 60,044 3,956 0.07 B
John Strangfeld Jr Prudential Financial Insurance 0.97 3.30 34,401 3,704 0.11 A
James Cornelius Bristol-Myers Squibb Drugs & Biotechnology 1.49 4.48 19,977 2,165 0.11 A
Michael Duke Wal-Mart Stores Retailing 0.98 4.46 378,799 12,731 0.03 C
R Yost AmerisourceBergen Drugs & Biotechnology 1.18 2.72 66,074 469 0.01 D
Alan Lafley Procter & Gamble Household & Personal Products 1.70 4.00 76,476 10,340 0.14 A
Randall Stephenson AT&T Telecommunications Services 1.42 0.00 118,928 11,951 0.10 A
Muhtar Kent Coca-Cola Food Drink & Tobacco 1.10 4.50 28,857 5,981 0.21 A
Louis Chenevert United Technologies Conglomerates 1.32 3.00 54,759 4,224 0.08 B
Paul Otellini Intel Semiconductors 1.00 3.87 38,334 6,976 0.18 A
Irene Rosenfeld Kraft Foods Food Drink & Tobacco 1.45 4.07 37,241 2,590 0.07 B
George Buckley 3M Conglomerates 1.72 2.64 24,462 4,096 0.17 A
Daniel Hesse Sprint Nextel Telecommunications Services 1.20 2.65 40,146 (29,580) -0.74 E
David Dillon Kroger Food Markets 1.17 2.32 70,235 1,180 0.02 D
Stephen Hemsley UnitedHealth Group Health Care Equipment & Services 1.30 2.54 75,431 4,654 0.06 B
Jeffrey Kindler Pfizer Drugs & Biotechnology 1.58 3.00 48,418 8,144 0.17 A
R Clark Cardinal Health Drugs & Biotechnology 1.44 0.69 88,364 1,931 0.02 D
Mary Sammons Rite Aid Retailing 1.00 1.82 24,418 (1,079) -0.04 E
Klaus Kleinfeld Alcoa Materials 1.40 1.88 30,748 2,564 0.08 B
Jeffrey Joerres Manpower Business Services & Supplies 1.00 0.30 20,500 485 0.02 D
Angela Braly WellPoint Health Care Equipment & Services 1.14 0.07 61,134 3,345 0.05 B
Alan Mulally Ford Motor Consumer Durables 2.00 0.00 172,468 (2,723) -0.02 E
Gregory Spierkel Ingram Micro Technology Hardware & Equipment 0.80 0.84 35,047 276 0.01 D
James Tisch Loews Insurance 1.10 2.50 17,920 2,489 0.14 A
Gregory Brown Motorola Technology Hardware & Equipment 1.20 0.00 36,622 (49) 0.00 E
Terry Lundgren Macy's Retailing 1.50 0.90 26,340 893 0.03 C
John Chambers Cisco Systems Technology Hardware & Equipment 0.38 3.00 34,922 7,333 0.21 A
William DeLaney Sysco Food Markets 0.56 1.94 35,042 1,001 0.03 D
Robert Dutkowsky Tech Data Technology Hardware & Equipment 0.92 1.59 23,423 108 0.00 D
Francis Blake Home Depot Retailing 1.01 0.00 84,740 4,395 0.05 B
Vikram Pandit Citigroup Banking 0.96 0.00 159,229 3,617 0.02 D
Thomas Wilson Allstate Insurance 1.04 0.15 36,769 4,636 0.13 A
Steven Burd Safeway Food Markets 1.47 0.40 42,286 888 0.02 D
Gregg Steinhafel Target Retailing 1.35 0.45 63,367 2,849 0.04 C
Michael McCallister Humana Health Care Equipment & Services 1.02 0.00 25,290 834 0.03 C
Frederick Henderson General Motors Consumer Durables 1.72 0.00 182,347 (38,732) -0.21 E
Lynn Elsenhans Sunoco Oil & Gas Operations 1.24 0.79 42,101 891 0.02 D
Michael Dell Dell Technology Hardware & Equipment 0.95 0.00 61,133 2,947 0.05 C
Gregory Wasson Walgreen Retailing 0.75 0.65 53,762 2,041 0.04 C
D Davis United Parcel Service Transportation 0.96 0.18 49,692 382 0.01 D
John Brock Coca-Cola Enterprises Food Drink & Tobacco 1.14 0.15 20,936 711 0.03 C
John Stumpf Wells Fargo Banking 0.88 0.00 53,593 8,057 0.15 A
Steven Ballmer Microsoft Software & Services 0.64 0.70 51,122 14,065 0.28 A
Michael Jackson AutoNation Retailing 1.15 0.00 17,951 279 0.02 D
Rodney O'Neal Delphi Consumer Durables 1.20 0.00 26,160 (3,065) -0.12 E
John Mack Morgan Stanley Diversified Financials 0.80 0.00 87,879 3,209 0.04 C
W Johnson Sears Holdings Retailing 0.90 0.00 50,703 826 0.02 D
Daniel Fulton Weyerhaeuser Materials 0.79 0.00 16,871 790 0.05 C
Richard Anderson Delta Air Lines Transportation 0.60 0.00 19,154 1,612 0.08 B
Leland Tollett Tyson Foods Food Drink & Tobacco 0.13 0.00 26,900 268 0.01 D
Warren Buffett Berkshire Hathaway Diversified Financials 0.10 0.00 118,245 13,213 0.11 A
Herbert Allison Jr Fannie Mae Diversified Financials 0.00 0.00 43,355 (2,050) -0.05 E
Steven Jobs Apple Technology Hardware & Equipment 0.00 0.00 24,006 3,496 0.15 A
John Koskinen Freddie Mac Diversified Financials 0.00 0.00 43,104 (3,094) -0.07 E

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